Massachusetts Statutes
§ 3 — Waiver of Secs. 2 to 4; payee penalty for failure to transfer
Massachusetts·Part III COURTS, JUDICIAL OFFICERS AND PROCEEDINGS IN CIVIL CASES·Title II ACTIONS AND PROCEEDINGS THEREIN·Ch. 231C STRUCTURED SETTLEMENT CONTRACTS
Section 3.
(a)The provisions of sections 2 to 4, inclusive, shall not be waived.
(b)No payee who proposes to make a transfer of structured settlement payment rights shall incur a penalty, forfeit an application fee or other payment, or otherwise incur any liability to the proposed transferee based on the failure of the transfer to satisfy the conditions of section 2.
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